4 Possible Paths for ETH’s Next Move, According to Analyst

Description

TL;DR Ethereum rebounds from $4,500 support, with one analyst mapping four scenarios, including a possible run to $5,000. U.S. spot Ethereum ETFs record $3.71B inflows in eight days, led by $519.7M into BlackRock’s fund. Exchange reserves drop to 18.5M ETH, the lowest in three years, pointing to a tighter available market supply. Price Action and Key Levels Ethereum (ETH) is trading near $4,650 after a recent recovery from the $4,500 support area. The move comes with a 2% decline in the past 24 ...